"Once upon a time every great organization was a scrappy startup willing to take risks — new ideas, new methods, new customers, targets, and mission. If it was a commercial company, it figured out product/market fit;" (..) "Over time as these organizations got large, they built process. By process I mean all the tools that allow companies to scale repeatable execution. HR processes, legal processes, financial processes, acquisition and contracting processes, security processes, product development and management processes, and organizational forms etc. All of these are great strategies and tools that business schools build, and consulting firms help implement.
Process is great when you live in a world where both the problem and solution are known. Process helps ensure that you can deliver solutions that scale without breaking other parts of the organization.
These processes reduce risk to an overall organization, but each layer of process reduces the ability to be agile and lean and — most importantly — responsive to new opportunities and threats."